Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Decreases By 41.1%

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 9,524 shares, a decline of 41.1% from the May 14th total of 16,159 shares. Based on an average daily volume of 5,646 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. acquired a new stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned 0.43% of Wah Fu Education Group at the end of the most recent reporting period.

Wah Fu Education Group Price Performance

WAFU stock traded up $0.09 during midday trading on Monday, hitting $1.75. 2,797 shares of the company’s stock were exchanged, compared to its average volume of 14,820. Wah Fu Education Group has a 12-month low of $1.30 and a 12-month high of $3.39. The firm has a 50 day moving average price of $1.65 and a 200-day moving average price of $1.66.

Wah Fu Education Group (NASDAQ:WAFU) last issued its earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $1.53 million during the quarter.

Wah Fu Education Group Company Profile

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.